Vietnam National Petroleum Group - Petrolimex (stock code: PLX) has just announced the appointment of Mr. Luu Van Tuyen as General Director for a term of 5 years, effective from July 18th.
The decision comes more than two months after the Petrolimex Board of Directors dismissed Mr. Dao Nam Hai from his position as General Director and suspended his membership on the Board of Directors.
The new General Director of Petrolimex, born in 1969 in Hung Yen province, is introduced as a Bachelor of Accounting and a Master of Economics . He began working at Petrolimex from 2002 to 2008 as a member of the Supervisory Board.
Subsequently, Mr. Tuyen held several key positions within the corporation, including Head of the General Affairs Department under the Finance and Accounting Center (2008-2012), Chief Accountant (2012-2019), and Deputy General Director from 2019 to the present. Since June 2023, he has also been a Member of the Board of Directors of Petrolimex.
Currently, Mr. Tuyen represents the state-owned capital held by the Ministry of Finance in Petrolimex, with over 93.5 million PLX shares, equivalent to 7.23% of the company's capital.
Mr. Luu Van Tuyen, the new General Director of Petrolimex (Photo: PLX).
Currently, in addition to General Director Luu Van Tuyen, the Petrolimex Executive Board also has 7 deputy general directors, including: Tran Ngoc Nam, Nguyen Quang Dung, Nguyen Van Su, Nguyen Xuan Hung, Nguyen Sy Cuong, Nguyen Ngoc Tu, and Nguyen Dinh Duong.
At a recent press conference announcing the situation and results of police work in the first six months of the year, Lieutenant Colonel Vu Thanh Tung, Deputy Director of the Department of Investigation of Crimes related to Corruption, Economics, and Smuggling (C03 - Ministry of Public Security), stated that the investigative agency has initiated legal proceedings and temporarily detained Mr. Dao Nam Hai for investigation into the crime of accepting bribes.
Besides Mr. Dao Nam Hai, another former General Director of Petrolimex Insurance Joint Stock Company (PJICO), Ms. Nguyen Thi Huong Giang, has also been prosecuted for bribery.
Under the same charges, the Department of Investigation of Economic Crimes, Corruption, and Smuggling also prosecuted and detained Mr. Tran Hoai Nam, Deputy General Director of PJICO; Mr. Dang Quang Dung, Deputy Director of PJICO in charge of the Motor Vehicle Compensation Assessment Board; Mr. Dinh Quoc Thinh, Deputy Director of the Motor Vehicle Compensation Assessment Board; and four other individuals who are assessors of the Motor Vehicle Compensation Assessment Board.
Source: https://dantri.com.vn/kinh-doanh/tong-giam-doc-moi-cua-petrolimex-la-ai-20250720002809873.htm
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